208 Cherry Ridge RdGeorgetownTX78628
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Georgetown at 208 Cherry Ridge Rd, Georgetown, TX, 78628 priced at $355,800 converts $2,836/mo rent into $306/mo cash flow after a $1,741/mo obligation. Total monthly income equals $2,836/mo, and annual cash flow totals $3,676/yr on $117,948 invested. Return on cash invested prints 23.03% in year one, and rental yield reads 9.56% against a $355,800 entry. Equity gained on principal adds $2,296/yr, while 5% annual appreciation compiles into $98,301 by year five. Five-year ROI reaches 120.77% and total cumulative return in cash sums $142,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,836/mo property income covering a $1,741/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78628, Georgetown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,063 (100%) |
| Owner Occupied HU | 17,834 (68.4%) |
| Renter Occupied HU | 5,988 (23.0%) |
| Vacant Housing Units | 2,241 ( 8.6%) |
| Median Home Value | $621,770 |
| Average Home Value | $685,602 |
Housing Distribution
Address Breakdown
Residential
21,819
Single Family
18,594
Multi-Family
3,225
Businesses
830
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Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A